Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Guatemala - 2024

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Guatemala (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Guatemala (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Guatemala
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Guatemala

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Guatemala (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $56,843 per ton, rising by 49% against the previous year. Over the period under review, the import price continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2014 an increase of 178%. The import price peaked at $90,364 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($404,000 per ton), while the price for China ($21,382 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Guatemala (FOB) - 2022

The average export price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $114,892 per ton in 2022, rising by 312% against the previous year. Overall, the export price recorded a strong expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 1,725% against the previous year. Over the period under review, the average export prices attained the maximum at $207,505 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($238,710 per ton), while the average price for exports to Belize ($58,935 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Guatemala

Imports of balances; of a sensitivity of 5cg or better, with or without weightses into Guatemala reduced remarkably to 5.8 tons in 2022, dropping by -18.8% against the year before. In general, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 139% against the previous year. As a result, imports reached the peak of 7.2 tons, and then dropped rapidly in the following year.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses stood at $281K in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Guatemala in 2022:

1. China (3880.0 kg)
2. United States (804.0 kg)
3. Germany (577.0 kg)
4. South Korea (269.0 kg)
5. Japan (175.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Guatemala

Exports of balances; of a sensitivity of 5cg or better, with or without weightses from Guatemala contracted significantly to 158 kg in 2022, with a decrease of -36.8% against 2021. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 6,150% against the previous year. As a result, the exports attained the peak of 250 kg, and then declined sharply in the following year.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses soared to $17K in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 3,979%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Guatemala in 2022:

1. Costa Rica (65.0 kg)
2. Belize (62.0 kg)
3. Nicaragua (31.0 kg)

Source: IndexBox Market Intelligence Platform